Everyday we are inundated by articles, sound bites, Tweets, and commercials telling us how we should be managing our money. But we all have choices and finding an unbiased person to help you make those important financial decisions can be critical to your success.
Credit Card Debt
â€œConsumers exhibiting financial confidence is certainly a positive sign for the American economy. Having been cost-conscious since the beginning of the recession, consumers may now be experiencing the seven-year itch with a desire to begin spending again,â€ said Gail Cunningham, spokesperson for the NFCC.
Struggling to avoid using your credit card? It may be time to think outside the box to get out of debt.
We see the commercials telling us to check our credit reports, but many people do not. Here are three examples of why we should take the time to get our reports.
Some quick advice on how to make your garage sale a winner.
As you watch television, surf the Internet and flip through your favorite magazine, you will undoubtedly see companies advertising that they can show you the best deals in plastic - credit - for you to consider. There are a few reasons to hesitate from relying too much on information that looks like itâ€™s coming from a neutral source. The main one is because the source might not be neutral at all.
How do you know debt solutions are working? Notes like these.
Sometimes it can be hard to determine what came first; financial problems or depression. However once the debt has become and issue it can increase the amount of hopelessness and anxiety people feel. The good news is, help is available.
Some of you might be rejoicing a bit because of news that the chief credit scoring outfit, FICO, is changing its rules about how it scores debtors. The main change is that the new system will draw a distinction between medical debt and regular debt. The other big change is the new system will disregard medical collection accounts if they are paid or settled.
In many families, one person is the designated financial planner. While it may help keep the rest of the family stress free, sharing the process and decisions can be helpful to all everyone. Here is how to get started in your family.